Hello,
I think Eur should want to go higher above 1.16 and DXY should want to go lower than 94.60.
Eur could go higher than 1.1640 but I want to have a reasonable objective.
Buy: 1.1560 down to 1.1550
SL: 1.1540
TP: 1.1640
Risk/reward: 4:1
it very well might not come down to my buy price point.
It also could break below 1.1550. if it does that then we could go to around 1.15 at which I would again be a buyer there with a stop around 1.1485.
If we break below 1.15 I am on the sidelines for the rest of the week.